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💰 OpenAI makes first public acquisition in 7 years

PLUS: Transform your selfies into headshots with Aragon

AuthorAuthor

Martin Crowley & Arturo Ferreira
August 17, 2023

Premium // Sponsorship // Consulting

Welcome to AI Tool Report!

So far, it’s been all OpenAI & ChatGPT news this week.

That doesn’t show any signs of slowing down as they make their first public acquisition in 7 years.

_________________________________________________________________

Today:

📈 Trending: Quick list of today’s most popular tools

💡Training: Learn Spanish with ChatGPT

🧠 News: OpenAI makes first public acquisition in 7 years

Read Time: 4 minutes

OpenAI makes first public acquisition in 7 years 💸

Our Report: OpenAI has acquired Global Illumination, a NY-based startup that specializes in using AI to develop digital experiences. This is OpenAI's first public acquisition in approximately seven years of its existence; here’s why it matters:

🔑 Key Points:

  • Global Illumination was founded by an all-star team who have worked on pivotal projects at major companies like Instagram, Facebook, YouTube, Google, Pixar, and Riot Games.

  • The terms of the deal between OpenAI and Global Illumination were not disclosed to the public, and a number has not been mentioned by either party.

  • This acquisition brings a talented team to drive growth as OpenAI diversifies its product offerings beyond just ChatGPT.

  • Despite successes, OpenAI strives for a notable commercial triumph as ChatGPT reportedly cost over $540M to develop.

🤨 Why you should care: This acquisition not only brings in a talented team with a proven track record but also may indicate OpenAI's broader intentions to diversify its applications of AI, potentially beyond the conversational AI domain.

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ChatGPT Prompt

📈 Learning Spanish

💡 Tip: Always give context in your prompt to improve ChatGPT’s accuracy

copy & paste ⬇️

“I plan to travel to Spain in a few months and would like to learn some basic Spanish to help me communicate with local residents. I am looking for online resources suitable for beginners and providing a structured and comprehensive approach to learning the language. Can you recommend some online resources for learning Spanish as a beginner?”

Bing Browser Prompt

🔬 Personalized Interviewer

💡 Tip: Utilize Bing’s access to the internet, do with Bing what you can’t on ChatGPT

copy & paste ⬇️

“Hey Bing I want you to role-play a recruiter for company X and job position Y [insert link to job opening]. Ask me a series of questions related to the job position and grade my responses. Repeat the process until you think my responses are satisfactory.”

MidJourney Prompt

🎨 Stylize

💡 Tip: Use the tag —Stylize and a range of values from 0-1000 for Midjourney to take additional creative liberties with your image.

copy & paste ⬇️

❤️ Cloud replicates supercomputer for heart study

A Harvard scientist used Google's cloud platform to replicate a supercomputer for a heart disease study, circumventing the scarcity of powerful computing resources.

The study simulated a therapy to dissolve blood clots and tumor cells in the human circulatory system, and this approach, requiring adjustments to software, networking, and hardware design, is seen as a way to alleviate bottlenecks in scientific research.

🇬🇧 UK to host AI safety summit in November

The UK government is set to host a Global AI Safety Summit at Bletchley Park in November, as reported by The Financial Times.

The summit will gather representatives from various nations, AI industry leaders, and scholars to deliberate on AI safety and regulatory strategies with expected attendance from major companies like Microsoft, DeepMind, OpenAI, and Anthropic.

🤝 Opera introduces Aria for iOS

Opera's iOS web browser is introducing an AI assistant named Aria, developed in collaboration with OpenAI.

Aria aims to offer intelligent insights, ideas, and voice-command responses to users and works through a chatbot-like interface so you can ask it questions and receive answers.

🇺🇸 Democratic coalition formed to tackle spread & misuse of AI

💰 Caden lands $15M so you can monetize your data

🧐 Google DeepMind tests an AI chatbot that offers life advice

📰 Associated Press issues AI guidelines for journalists

🇳🇴 Norway’s $1.4T fund boosted 10% by AI

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Hit reply and let us know what you want more of!

Until next time, Martin & Arturo.

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